Director/PDMR Shareholding

RNS Number : 7831T

Ascent Resources PLC

12 December 2011

 



Ascent Resources plc / Epic: AST / Index: AIM / Sector: Oil and Gas

12 December 2011

Ascent Resources plc ('Ascent' or 'the Company')

Director's Dealing

Ascent Resources plc, the AIM listed oil and gas exploration and production company, announces that it was notified on 10 December 2011 of the following share purchase by a Director:

On 9 December 2011, Jeremy Eng, Managing Director, purchased 1,349,822 ordinary shares at 2.8p per share.  Mr Eng is now interested in a total of 7,331,712 ordinary shares representing 0.71% of the existing issued share capital.

 For further information visit www.ascentresources.co.uk or contact:

Ascent  Resources plc Jeremy Eng Scott Richardson Brown	Tel: [phone]
finnCap Limited (Nomad and Broker) Sarah Wharry Ben Thompson Simon Starr	Tel: [phone]
St Brides Media & Finance Ltd Hugo de Salis Felicity Edwards	Tel: [phone]

 Notes:

Ascent Resources plc has a diversified portfolio of hydrocarbon exploration and development interests across five countries in Europe: Italy, Switzerland, Hungary, Slovenia and Netherlands.  Its portfolio contains a solid base of field redevelopment projects with selected exposure to exploration upside.  The portfolio is focussed on gas and with the exception of the shallow water Netherlands project, all of its projects are located onshore where operating and development costs are substantially lower than they would be offshore.

 

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